Wednesday, 21 June 2017

EPIC RESEARCH MCX CRUDE OIL UPDATE OF 21 JUNE 2017

Crude oil trading range for the day is 2731-2933.Crude oil prices fell after news of increases in supply by several key producers.U.S. Crude oil inventories fell 2.720 million barrels, the API said, more than expected compared to an expected drop of 2.106 million barrels seen.U.S. drillers last week added rigs for the 22nd week in a row, according to data implying that further gains in domestic production are ahead.